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i want to keep taxes down on small business so we can create jobs. this is about good jobs for the american people. >>neil: he swings, slams, scores, way too early to say if the swing states swinging back to the challenger but after last night, the critics say they probably stopped swinging away. larry said the race ain't over but he also is saying for the challenger it is an uphill fight. what do you make of last night and how this changes the dynamics? >> everyone, obviously, just about everyone, from right to left, says that romney won the debate. i gave you a full "a" and i give the president a "c" minus. there was a giant difference between their performance. everyone who was fair was impressed with how romney handled that from going to end. obama was stunned by how well romney was performing. he seemed almost to take a step back and tune out. >>neil: do you think he came in to it is on the clock, the president, to your point he didn't expect this, and he saw little risk in taking on mitt romney and even if romney did well it would not move the
i want to keep taxes down on small business so we can create jobs. this is about good jobs for the american people. >>neil: he swings, slams, scores, way too early to say if the swing states swinging back to the challenger but after last night, the critics say they probably stopped swinging away. larry said the race ain't over but he also is saying for the challenger it is an uphill fight. what do you make of last night and how this changes the dynamics? >> everyone, obviously, just...
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Oct 8, 2012
10/12
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now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. yeah... think they made a mistake?s. i don't know - maybe. the fried cheese melt is back for just 4 bucks. 1 of 4 big 4-dollar meals on the 2-4-6-8 value menu. only at denny's. open all night. most paints have color that sits on the surface. but nothing beats benjamin moore's color lock technology that locks color right in, no matter how often you wash it. color lock technology. exclusively from your benjamin moore retailer. find your perfect color with a buy one, get one pint offer. visit benjaminmoore.com/promo. . >>> san francisco's board of supervisors will decide if the sheriff gets to keep his job. he pled guilty to a charge from a fight stemming from a fight with his wife. he was found guilty of official misconduct. tuesda
now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. yeah... think they made a mistake?s. i don't know - maybe. the fried cheese melt is back for just 4 bucks. 1 of 4 big 4-dollar meals on...
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Oct 5, 2012
10/12
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KRON
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now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >> here's a live shot from downtown san francisco, you can kind of see some of the break of the cloud cover. as a result we do have some delays fromsfo to talk about. keep this in mind that theris is something you want to keep in mind when picking someone up from the airport. we are seeing more and onshore push with a cooler start to the morning as the system starts. there's a potential i am of we are tracking a 20 percent chance of rain as we head into monday and tuesday. the hardly strictly bluegrass festival, again it is a free event and thousands of people will be attending. but will be cool over the next couple of days and there will be a mix of klaus--clouds. as we start the next work week we will seek moisture in the bay a
now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >> here's a live shot from downtown san francisco, you can kind of see some of the break of the cloud cover. as a result we do have...
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Oct 2, 2012
10/12
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when people are moving to the tax roles rather than welfare roles you can reduce tax rates, or welfare spending and bring it back faster. >>neil: it is about inspiring confidence. ronald reagan did that, bill clinton did it. but this idea that we can't do it and certainly when pundits say further candidate should even touch it tomorrow night, that gets to the core of the problem. >>guest: that is exactly correct. this is the issue. all the issues that we are talking about in the economy are encompassed inside the national debt argument. you can get rid of the unfunded liabilities, as well, just the way we did with social security under ronald reagan by tending the age of retirement, by reducing benefits, by subjecting half of them to the income tax. there are lots of things you can do to bring this economy back and fairly quickly in two terms you could bring it back the way reagan did. >>neil: the fact is you cannot buy your way out it. you have to boom your way out of it. thank you, art. >> in washington, dc, talk of a plan to keep the government from going off an immediate fiscal cli
when people are moving to the tax roles rather than welfare roles you can reduce tax rates, or welfare spending and bring it back faster. >>neil: it is about inspiring confidence. ronald reagan did that, bill clinton did it. but this idea that we can't do it and certainly when pundits say further candidate should even touch it tomorrow night, that gets to the core of the problem. >>guest: that is exactly correct. this is the issue. all the issues that we are talking about in the...
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Sep 30, 2012
09/12
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. >> i agree that we need to stop the tax hikes. we need to bring jobs, and keep jobs here. >>president obama: last week or bridge rates are at historic lows, instead of help and more families to take advantage, congress was a way of a break. instead of worrying about you, they had already gone home to worry about their campaigns. vo: for years, sacramento politicians have chopped away funds for our schools. today, we're forty-seventh out of fifty in per-pupil funding. now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. faugh >>vicki: food banks are having a test time to keep their shells filled. jeff pierce shows us how the local community is pitching in. jeff >> hundreds of volunteers showed up at the food banks on saturday to help the pressing needs that local food ba
. >> i agree that we need to stop the tax hikes. we need to bring jobs, and keep jobs here. >>president obama: last week or bridge rates are at historic lows, instead of help and more families to take advantage, congress was a way of a break. instead of worrying about you, they had already gone home to worry about their campaigns. vo: for years, sacramento politicians have chopped away funds for our schools. today, we're forty-seventh out of fifty in per-pupil funding. now these...
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Oct 6, 2012
10/12
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MSNBCW
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i want to get my first income tax check. i want to get a driver's license. i want to get a car that's legit under my name. >> have you ever had any of these experiences? >> no. >> but later in our stay, sanchez found out that due to a miscalculation of his sentence, his release would be delayed by 15 days. >> when we checked in with joe a couple weeks later, he was preparing to go to a meeting with prison staff. he was going to be told that they had miscalculated his good time. he was going to have to stay in prison longer. >> are you going to come out or not? >> he knew all this going into the meeting, but he still had a very bad reaction. >> stay with your back to the door. >> oh, cut it out. >> you cut it out. >> it's protocol for an inmate when he's leaving his unit to be strip searched and they have to squat and cough so staff knows he's not hiding any weapons in a body cavity. joe had been doing that forever. he had done it a million times, and suddenly as he was nearing his release date he started to refuse to do it. >> no, i ain't got nothing on me.
i want to get my first income tax check. i want to get a driver's license. i want to get a car that's legit under my name. >> have you ever had any of these experiences? >> no. >> but later in our stay, sanchez found out that due to a miscalculation of his sentence, his release would be delayed by 15 days. >> when we checked in with joe a couple weeks later, he was preparing to go to a meeting with prison staff. he was going to be told that they had miscalculated his...
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Sep 30, 2012
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tax-free for investigators say he pointed a gun at officers during a police chase. on his family does not believe that the how 5 1/2 5 1/2 >> holidays and everything else that we share as my family is shattered >> no one from of leased from with available to speak on camera. the family and their supporters demand answers at tuesday's city council meeting. their plan to march from the d. a.'s office city hall. >>vicki: federal investigators are being called in and of vallejo mayor's office career >> the vallejo police they because this fire involves a public official they have called on the fbi and atf. chainsaws and axes for his to cut holes in the route. when they arrived at 1:03 a.m. flames and thick black smoke and shooting out of the building. oft 18 firefighters and five engines that the truck -- but the firearms control of 15 minutes. a fire investigator was called in to examine the area. the five departments as the fire is suspicious because when it started no one was in the building but investigators will not save it and excel row was found. vallejo police a
tax-free for investigators say he pointed a gun at officers during a police chase. on his family does not believe that the how 5 1/2 5 1/2 >> holidays and everything else that we share as my family is shattered >> no one from of leased from with available to speak on camera. the family and their supporters demand answers at tuesday's city council meeting. their plan to march from the d. a.'s office city hall. >>vicki: federal investigators are being called in and of vallejo...
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Oct 4, 2012
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tax plan. and, now five weeks before the election, saying this big bold idea is, never mind. the fact is that if you are lowering the rates the way you describe, governor, then it is not possible to come up with enough deductions and loopholes that only effect high income individuals to avoid either raising the deficit or burdennening the middle class. >> according to a poll by cnn 67% of americans believe that republican mitt romney was the winner in this first debate. and that compares to 25% who thought it was the democrat president obama who won. you can share what you think about the debates on our facebook fan page. >> we'll check the markets when we come back. ♪ [ male announcer ] the first look...is only the beginning. ♪ ♪ introducing a stunning work of technology. ♪ introducing the entirely new lexus es. and the first ever es hybrid. this is the pursuit of perfection. droid does. and does it launch apps by voice while learning your voice ? launch cab4me. droid does. keep left a
tax plan. and, now five weeks before the election, saying this big bold idea is, never mind. the fact is that if you are lowering the rates the way you describe, governor, then it is not possible to come up with enough deductions and loopholes that only effect high income individuals to avoid either raising the deficit or burdennening the middle class. >> according to a poll by cnn 67% of americans believe that republican mitt romney was the winner in this first debate. and that compares...
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he said he and his son calculated how much they pay in taxes, federal income tax, payroll tax, state sales tax, state property tax, gasoline tax, it added up to well over 50% of what they earned and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses says that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do, i bring down the tax rates, lower deductions and exemptions, the same idea by bowles-simpson, get the rate down to create more jobs. nothing better to create a balanced budget than having more people working, earning more money, paying more taxes, that's the most effective and efficient way to get the budget balanced. >> jim, you may want to move on to another topic. i would say this to the american people. if you believe we can cut taxes by $5 trillion and add $2 trillion of additional spending to the military that is not asking for, $7 trillion, to give you a sense, over ten years, that's more than our entire defense budget, and you think that by closing loop
he said he and his son calculated how much they pay in taxes, federal income tax, payroll tax, state sales tax, state property tax, gasoline tax, it added up to well over 50% of what they earned and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses says that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do, i bring down the tax rates, lower deductions and exemptions, the...
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they're trying to draw attention to a 1954 tax code that prohibits tax-exempt organizations like churches from engaging in political endorsements a group known as the i ay lines defending freedom is now challenging the code claiming it violates preacher's right for free speech. >> they've marched october 7 as pulpit freedom sunday. >> yes, pulpit freedom sunday. when the thrill of lengthy sermons finally meets the excitement of tax policy. pulpit freedom sunday is the boldest theological movement since casual good friday. this sunday, october 7 pastors around the united states will violate the law by directly endorsing one of the candidates. it doesn't matter which, either romney or not-obama. (laughter) and to try to force this issue into court the sermons will be recorded and sent to the i.r.s. folks, i like this new rebel attitude from the pulpit. maybe someday we'll turn on fox news and see a high-speed popemobile chase. (laughter) pastor jim garlow, one of the leaders behind freedom sunday says it's all about principle. >> we believe there should be no governmental intrusion in the p
they're trying to draw attention to a 1954 tax code that prohibits tax-exempt organizations like churches from engaging in political endorsements a group known as the i ay lines defending freedom is now challenging the code claiming it violates preacher's right for free speech. >> they've marched october 7 as pulpit freedom sunday. >> yes, pulpit freedom sunday. when the thrill of lengthy sermons finally meets the excitement of tax policy. pulpit freedom sunday is the boldest...
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Sep 30, 2012
09/12
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i think it's a good idea. >> half of property taxes go to schools to be fair. tracy, the kids issue, you can get them out of your house two years earlier. what do you make about that? >> you know what, the money issue to me is separate from the academic development issue. i don't think these kids should be rushed through school. i do think there's a reason they need these years to develop as people. when you do look at the dollars and cents, there are a lot of people that live in towns that don't even have kids in the school system. close to 50% of their taxes are going to the schools that are not spending the money properly. if you can get a kid that can take advantage of every dollar given to them, they can get through the system and take advantage, why not? >> sally cohen, at the same time taxpayers are saying why not on the other end of the spectrum, because it's not just property taxes going to schools, but also look at all the fights we've had about teac teacher pensions and teacher salaries. get more kids out of school faster, save money. >> as taxpayers
i think it's a good idea. >> half of property taxes go to schools to be fair. tracy, the kids issue, you can get them out of your house two years earlier. what do you make about that? >> you know what, the money issue to me is separate from the academic development issue. i don't think these kids should be rushed through school. i do think there's a reason they need these years to develop as people. when you do look at the dollars and cents, there are a lot of people that live in...
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why not get rid of the company's and lower taxes for everyone? >> we never give out cash measure on how and expensive. we just give conditional incentives temporary tax relief. >> you have to do it to compete. to give up politician a checkbook is dangerous do anything new want to bring jobs to the state. they could be gone when the bill comes to do. you can win without doing that the seven think you governor daniels now rated number three and the most improved state not to maine court in new hampshire or north dakota. >> we are gaining on them. >> what about housing for amtrak or the post office? ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. john: did you go to the post office website? we do. since then franklin was appointed the first postmaster the post office has grown and changed with a
why not get rid of the company's and lower taxes for everyone? >> we never give out cash measure on how and expensive. we just give conditional incentives temporary tax relief. >> you have to do it to compete. to give up politician a checkbook is dangerous do anything new want to bring jobs to the state. they could be gone when the bill comes to do. you can win without doing that the seven think you governor daniels now rated number three and the most improved state not to maine...
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third, taxes 18 and fourth, education. 12%.
third, taxes 18 and fourth, education. 12%.
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Sep 30, 2012
09/12
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tax policy but not by to buy another issues. i was not present the day they shutdown the event but many were shouting there is no debate. no-space 48. that hit home. >> he was shouted down. john: somewhere outside the building and throwing rocks through the window? >> university reacted and condemned the action. unc denounce. but some people did not want to have the debate. some think my views are so illegitimate i should not say them. john: you go to campuses around the country. most illiberal others are silenced? >> that is fair. the culture is monolithic they don't seem interested to change that. they pass policies to make it more difficult for students to have minority viewpoints to speak out. john: and professors at lean left, 51% registered democrats. but only 14% are republican. social science is only 6%. >> 70 2% self identify as liberal. which is a big disparity between them and the general public. john: you were a junior when obama was elected? >> it was light a little of the colt it happened across the nation. john: n
tax policy but not by to buy another issues. i was not present the day they shutdown the event but many were shouting there is no debate. no-space 48. that hit home. >> he was shouted down. john: somewhere outside the building and throwing rocks through the window? >> university reacted and condemned the action. unc denounce. but some people did not want to have the debate. some think my views are so illegitimate i should not say them. john: you go to campuses around the country....
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Oct 8, 2012
10/12
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now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. and he used their performans to make light of his own ine >>> the stars came out for president obama in los angeles tonight and he used their performances to make light of his own in the presidential debate. >> they performed flawlessly, night after night. i can't always say the same. [ laughter ] >> the president was referring to katy p and jennifer -- katy perry and jennifer hudson who performed before him. >> meanwhile, republican presidential candidate mitt romney came pained in florida. at a rally he said he was confident he will win florida and move into the white house in january. later he stopped by a restaurant to shake hands and pick up take out. >>> one issue facing voters deals with food labeling. proposition 37 would require produ
now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. and he used their performans to make light of his own ine >>> the stars came out for president obama in los angeles tonight and he used their...
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i don't have a tax cut that's $4.8 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers. and i think we need more of them. look, don't believe me. speaker gingrich was pretty eloquent running during the primaries and saying, mitt romney will say absolutely anything to get elected. and if somebody says absolutely anything to get elected you have to wonder what they'll say when they are president of the united states. >> so, speaker, you did say he was fundamentally dishonest after debating him in the primaries. this is not a new attack against romney policy. >> no. and i think that the challenge for the obama people is pretty simple. the president of the united states had 90 minutes. now, if he had done his homework and actually prepared, if he had actually studied romney, why didn't he say it? why didn't he take romney head on? first of all, the charges on the tax cuts are plain wrong, and i think virtually every analyst has said and even your deputy campaign manager said the charges made are wrong. but forgetting tha
i don't have a tax cut that's $4.8 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers. and i think we need more of them. look, don't believe me. speaker gingrich was pretty eloquent running during the primaries and saying, mitt romney will say absolutely anything to get elected. and if somebody says absolutely anything to get elected you have to wonder what they'll say when they are president of the united states. >> so, speaker, you...
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i want to cut taxes, president obama wants to raise taxes. historically that has been a devastating argument. for the president and joe biden to talk about raising taxes when you have millions and millions of americans out of work, it does not seem to work, and everyone knows the actual tax hikes will do almost nothing for the deficit. so it is just kind of catnip for the left. let's raise taxes on the rich. class warfare. i don't think it is a successful economic strategy, and i'm not sure it will or politically either. gerri: interesting days. that is for sure. you will have you back to talk more. when we come back to be searching for a deal, but prescription drugs online presents a all new sets of problems. we will explain. an age-old question resurfacing. can women have it all? are we dissing mother had? this is going to be a panel. you will love it. it will be a lot of fun. ♪ [beep] [indistinct chatter] [kids talking at once] [speaking foreign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing lou
i want to cut taxes, president obama wants to raise taxes. historically that has been a devastating argument. for the president and joe biden to talk about raising taxes when you have millions and millions of americans out of work, it does not seem to work, and everyone knows the actual tax hikes will do almost nothing for the deficit. so it is just kind of catnip for the left. let's raise taxes on the rich. class warfare. i don't think it is a successful economic strategy, and i'm not sure it...
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the earned income tax credit. i doubled the earned income tax credit. it was signed under the tax credit. reagan started it. we started it with a strong support of republicans in congress. president bush dealt with that, then president obama increased the earned income tax credit for families with more than three children. this is a rejection of basically more than three decades of bipartisan policy to support working families. it's not a bunch of free loaders. there's only 4% of the total population who don't pay federal income tax and don't work and may not be looking for work. we now have the numbers on this, so, i think that most important thing for him is to find a way to relate to more people in these debates and speak to more of them. this is not the republican primary anymore. >> is he principled, do you think? mitt romney? >> that's not the issue, to me. i think he will -- i think he's principled in the sense that he will keep the commitments that he has made. almost all people when they run for president
the earned income tax credit. i doubled the earned income tax credit. it was signed under the tax credit. reagan started it. we started it with a strong support of republicans in congress. president bush dealt with that, then president obama increased the earned income tax credit for families with more than three children. this is a rejection of basically more than three decades of bipartisan policy to support working families. it's not a bunch of free loaders. there's only 4% of the total...
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Oct 6, 2012
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WTTG
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? helps him deposit his checks. jay also like it when mother nature helps him wash his car. mother nature's cool like that. mobile check deposit. easier banking. standard at citibank. >>> if you can believe it, a texas milk man is still making his rounds 50 years after he and his father started their business. jimmy foster has been a milk man since 1960, works six days a week, says he's never had a vacation. at his peak foster delivered more than 700 homes. he admits most of his milk is now bought from the grocery store but says his customers prefer the vintage milk delivery. >>> one last look at the forecast. >> weekend is a split, 76 tomorrow, late showers and then sunday chill lane and 54. -- chilly rain and 54. >> as always thanks for staying up late with us have. a fantastic weekend. see you back here mon
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? helps him deposit his checks. jay also like it when mother nature helps him wash his car. mother nature's cool like that. mobile check deposit. easier banking. standard at citibank. >>> if you can believe it, a...
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Oct 6, 2012
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they were not taxes of the last four years they are taxes of the future. you have had massive regulation in the last four years and executive orders coming out of the federal government and viserating the congressional man date and letting the bureaucracy run the country and you have lists of them down here of over 900 executive orders and where they are abdicating the responsibility of congress and legislature and giving it to the burrcrats to run the country. it is outrageous. >> what i thought was so interesting about vice-president biden's comments 24 hours before the presidential. but setting up the middle class is effected and that is what mitt romney said middle class is suffer it has been the last four years. >> the economy is suffering under the government intervention. we often times don't think of regulations as being a tax. it is a tax not only on wealth creation but individual freedom and take the credit card act that was regulation and pass , a few years ago and had hoped to help the middle class . it made credit more expensive and difficult
they were not taxes of the last four years they are taxes of the future. you have had massive regulation in the last four years and executive orders coming out of the federal government and viserating the congressional man date and letting the bureaucracy run the country and you have lists of them down here of over 900 executive orders and where they are abdicating the responsibility of congress and legislature and giving it to the burrcrats to run the country. it is outrageous. >> what i...
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but not dictions sufficient to take the taxes up. we hope the middle class will have a tax reduction even with the elimination of deductions and putting a cap on deductions actually gives more credibility because you can give the middle class more deductions. the governor also said if you have more incomes, you pay lower caps, in other words $17,000. the idea that taxes on the well-to-do and the successful and those who are making a lot money will not go down. middle classing we hope they will stay where they are, or come down. coming down is a possibility. the important part of this tax plan, is to remember, when you earn, say you earn $200,000 and you have $20,000 worth of deductions, so now you paying tax on $180,000. if you paid tax at 35 percent rate, obviously the rate will be below $35 percent because you do not pay on full $200,000. governor romney is saying reduce that rate and every dollar you earn offer the amount that uses up the tax deductions, you will pay the lowest rate on. it will encourage people to earn more money,
but not dictions sufficient to take the taxes up. we hope the middle class will have a tax reduction even with the elimination of deductions and putting a cap on deductions actually gives more credibility because you can give the middle class more deductions. the governor also said if you have more incomes, you pay lower caps, in other words $17,000. the idea that taxes on the well-to-do and the successful and those who are making a lot money will not go down. middle classing we hope they will...
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running on this tax plan. now, five weeks before the election, he's saying that his big bold idea is never mind. >> my priority is jobs. there's nothing better for getting us to a balanced budget than having more people working, earning more money, paying more taxes. that's by far the most effective and efficient way to get this budget balanced. >> reporter: while romney made the case that he would be better at creating jobs, the president questioned how the former governor would control the financial sector. >> does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? >> look, we have to have regulation of wall street. that's why i'd have regulation. but i wouldn't designate five banks as too big to fail and give them a blank check. this is the biggest kiss that's been given to new york banks i've ever seen. >> reporter: on to health care. romney returned to his recurring theme, calling obamacare a job killer. >> i just don't know how the pres
running on this tax plan. now, five weeks before the election, he's saying that his big bold idea is never mind. >> my priority is jobs. there's nothing better for getting us to a balanced budget than having more people working, earning more money, paying more taxes. that's by far the most effective and efficient way to get this budget balanced. >> reporter: while romney made the case that he would be better at creating jobs, the president questioned how the former governor would...
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would you give up the mortgage tax deduction for a lower tax rate? log on to gerriwillis.com, vote on the right hand side of the screen and all share the results of the end of tonight's show. coming up later, you will not want to miss this. joins us with his preview of tonight's debate and there will be a huge windfall for the government but a hit to your pocketbook. find out how much more un nearly every other american will be paying uncle sam if we drive over the fiscal cliff in january. nearly 1 billion people around the world don't have enough food to survive. we can't let this happen. there is something we can do about it. please join christina aguilera and yum! brands in the movement to fight world hunger by supporting the united nations world food programme. for more information, go to fromhungertohope.com. your contribution will feed children and save lives. together, we can stop the dying and start the living. and together, we can move people from hunger to hope. and together, we can move people why they're always there to talk. i love you,
would you give up the mortgage tax deduction for a lower tax rate? log on to gerriwillis.com, vote on the right hand side of the screen and all share the results of the end of tonight's show. coming up later, you will not want to miss this. joins us with his preview of tonight's debate and there will be a huge windfall for the government but a hit to your pocketbook. find out how much more un nearly every other american will be paying uncle sam if we drive over the fiscal cliff in january....
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Oct 6, 2012
10/12
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now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number.
now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number.
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payroll tax, real estate tax, gas tax, on and on and on. the president raises the rates to 5%, most businesses work on 5% or 8%. how much more can they sustain? that reduces jobs, kills us. neil: that's your point; right, dave? >> exactly. you know, there's no 5% there. our goal is 2 #.5%, neil. our goal -- >> if we're lucky. neil: goal is 2.5% -- >> in a good economy. 2.5% net in a good economy in the business we do today. add 5% there -- >> you're done. >> 2.5% in the red, that's right. neil: if you hear mitt romney saying i'm going to essentially get off your back, going to roll back regulations. he was not specific which, make sure the government cools it on taxes, didn't say to the degree of what allowances and writeoffs and deductions he limits, were you either troubled by the fact it might be a wash? that you, for example, in your case for your catering business, you might see, butch, no tax savings at all, but you might have a lower rate, but can't deduct as much. >> that will kill us. without disposable income for me to spend or gr
payroll tax, real estate tax, gas tax, on and on and on. the president raises the rates to 5%, most businesses work on 5% or 8%. how much more can they sustain? that reduces jobs, kills us. neil: that's your point; right, dave? >> exactly. you know, there's no 5% there. our goal is 2 #.5%, neil. our goal -- >> if we're lucky. neil: goal is 2.5% -- >> in a good economy. 2.5% net in a good economy in the business we do today. add 5% there -- >> you're done. >> 2.5%...
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Sep 30, 2012
09/12
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now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. >>> welcome back to eyewitness news cbs 5 the last saturday in september 2012 when go out on hotter now than yesterday. some readings across the bay for degrees warmer in san francisco let's 6215 degrees hotter in livermore at 93. san jose mid-seventies common. the thought compressed to 700 ft., that keeps san francisco cool this evening at 58, otherwise we drop down in the mid '80s in the tri valley oakland now 61 degrees. that high pressure strengthens it rents up and produces an off shore flow which means dry winds from inland areas moving offshore in an easterly direction that increases potential for fire danger, what dissipates the offshore wind we dissipates the offshore wind we makes it easy for anne to manage her finances when she's on
now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. >>> welcome back to eyewitness news cbs 5 the last saturday in september 2012 when go out on hotter now than yesterday. some readings across...
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he wants to give tax cuts to people over to -- 250. repeal the estate tax and he said he also wants to increase spending for the defense industry. so i don't -- it's right there. this is what he has been running on. he says this will spark economic revival. >> so we don't know is what the president will run on. lou: we do know. he has to run on his record. what he has done is not deliver on cutting the deficit. what he has done is create over $5 trillion in deficits. and a debt of $16 trillion in total. >> see him run his record. that is what he has done. lou: i want to understand something here. is there some way he doesn't run on his record? i'm sorry. >> for the last 20 muncie has been running and his record. lou: i'm not talking about that. i'm talking about right now. governor romney put him on his record, and that was his signature achievement. >> i promise you, what they will do, they're going to fire ever nuclear bomb they have. lou: had dirty. is that what you're saying? >> at the end of the day, the fact that the man stood on
he wants to give tax cuts to people over to -- 250. repeal the estate tax and he said he also wants to increase spending for the defense industry. so i don't -- it's right there. this is what he has been running on. he says this will spark economic revival. >> so we don't know is what the president will run on. lou: we do know. he has to run on his record. what he has done is not deliver on cutting the deficit. what he has done is create over $5 trillion in deficits. and a debt of $16...
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Oct 4, 2012
10/12
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and taxes. just after romney spent time giving the details on awful those being critical of very specific pro visions of don frank. and this is the president was not in denver. i thought he spent too much time shooting bass cats rather than prepping for this thing. we saw it. he offered up routine rogue talking point thing that's people were sitting there saying do you know what? this doesn't jive with what i've just seen happen with these two men on the stage. >> and rnc chair predicting the president would make excuses because he can't defined his record. he joins us from denver, good evening mr. chairman. tell me have you spoken to governor romney since the debate? >> i. i can tell you he was smiling and happy with how things went tonight. tonight was a historical night. and this is a sense that that is shocking. the performance but there is a problem for governor and drk-excuse me, the president, mitt romney was ready, and prepared. and he was ten yaishis and respectful. the president meande
and taxes. just after romney spent time giving the details on awful those being critical of very specific pro visions of don frank. and this is the president was not in denver. i thought he spent too much time shooting bass cats rather than prepping for this thing. we saw it. he offered up routine rogue talking point thing that's people were sitting there saying do you know what? this doesn't jive with what i've just seen happen with these two men on the stage. >> and rnc chair predicting...
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Oct 4, 2012
10/12
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mainly taxes, health care and jobs. romney, he went after president obama on obama care, saying that plan will just kill jobs. president obama, he fired back claiming romney didn't have a specific plan to replace it. they also talked about their plans for education. the president says romney's plan would take funding away from education to pay for tax cuts for the rich. >> and to pay for it, we're having to initiate significant cuts and federal support for education. that makes a difference. >> i don't want to cut our commitment to education. i want to make it more effective and efficient. and by the way, i've had that experience. i don't just talk about it, i've been there. massachusetts schools are ranked number one in the nation. >> the consensus is round one goes to romney. these two candidates will face off in round two. they'll meet again on october 16th, but first we have the vice presidential debates being held one week from today. >>> perhaps the harshest performance criticism of the night is being aimed at deb
mainly taxes, health care and jobs. romney, he went after president obama on obama care, saying that plan will just kill jobs. president obama, he fired back claiming romney didn't have a specific plan to replace it. they also talked about their plans for education. the president says romney's plan would take funding away from education to pay for tax cuts for the rich. >> and to pay for it, we're having to initiate significant cuts and federal support for education. that makes a...
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Oct 7, 2012
10/12
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we are about to get hid - on hit with a biggest tax increase. we are trying to get people to turn off the dancing with the stars and pay attention . >> you mean no more honey booboo. great to have you here. >> i can't believe somebody might think who is the next president is more important than the next episode have had honey booboo. i am glad you watched the show and hope you will be back next week for the next edition of the mike huckabee show. until then goodbye and god bless. ♪ [ male announcer ] if it wasn't for a little thing called the computer, we might still be making mix tapes. find this. pause this. play this. eject this. write this. it's like the days before esurance express lane™. you had to find a bunch of documents just to get a car insurance quote. now express lane finds your driving info with just one click, saving time to be nostalgic about the days before express lane. thank you, insurance for the modern world. esurance. now backed by allstate. click or call.
we are about to get hid - on hit with a biggest tax increase. we are trying to get people to turn off the dancing with the stars and pay attention . >> you mean no more honey booboo. great to have you here. >> i can't believe somebody might think who is the next president is more important than the next episode have had honey booboo. i am glad you watched the show and hope you will be back next week for the next edition of the mike huckabee show. until then goodbye and god bless....
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Oct 2, 2012
10/12
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. >>> today san francisco city leaders to launch the city's new weigh theft tax course. the group is created to help prevent worker abuse in san francisco. officials say the tax course will research and work on policies that will insure fair pay for all workers. >>> authorities in the central valley are looking for brazen robbers who made up with about $2 million in gold in the daytime muse sim heist. investigators say the robbers were armed with pick axes and dressed as anyone gentlemans. the museum held thousands of precious art facts including 1-pound gold nugget. investigators say that nugget was not among the items taken. >>> honored today for the genius award. 66-year-old maw lease lin miller started the family independence initiative. the initiative now around the country. the initiative brings together community members such as these people in san francisco to share resources, offer mutual support and problem solve as they work toward educational, financial, and professional goals. miller is set to receive $500,000 a year over the next five years. >>> someone in
. >>> today san francisco city leaders to launch the city's new weigh theft tax course. the group is created to help prevent worker abuse in san francisco. officials say the tax course will research and work on policies that will insure fair pay for all workers. >>> authorities in the central valley are looking for brazen robbers who made up with about $2 million in gold in the daytime muse sim heist. investigators say the robbers were armed with pick axes and dressed as...
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Oct 2, 2012
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deep criticism for the way he called folks who don't pay income taxes essentially lazy. here is his new remark delivered yesterday to the local fox affiliate in denver upon mr. romney's arrival. >> they want to know, will i get jobs for the american people and get rising incomes. and i'm a president for 100% of the american people. that's the real percent people care about. not 99 versus 1. not 47% versus anyone else. i will be for 100% of the people. >> reporter: but he's not walk away from the accusation that the obama agenda amounts to a dependency society. bill: one corner this guy, the other corner that guy. you have got 50 million viewers at a minimum ready to watch it tomorrow night. thank you, carl. carl cameron live. martha: new developments in the kidnapping of an american journalist in syria. austin tice was captured by islamic militants in august. his kidnappers have released a video. what have we learned? >> reporter: the big question is who actually has austin tice. originally the reports were the syrian regime had captured him as they have detained journal
deep criticism for the way he called folks who don't pay income taxes essentially lazy. here is his new remark delivered yesterday to the local fox affiliate in denver upon mr. romney's arrival. >> they want to know, will i get jobs for the american people and get rising incomes. and i'm a president for 100% of the american people. that's the real percent people care about. not 99 versus 1. not 47% versus anyone else. i will be for 100% of the people. >> reporter: but he's not walk...
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Oct 5, 2012
10/12
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he said he wants to lower tax rates? how is that not lowering tabs for the rich. >> then you can't also then say he's going to on the loophole piece, you can't say he's not going to do the loopholes. i know you want to know the details. >> but i'm just saying, it might be cute about the son, burr the substance just isn't there. >> you're not willing to give him any credit. >> oh, yeah. >> the guy came very well prepared. he had specifics. >> he did? >> he looked obama in the eye. he was someone who was presidential and came ready to play. >> i'll tell you something, i am the only person as my pal dana has said, who thinks obama did well. so i know -- >> obama needs to step up his game. don't apologize for him. he's the president of the united states. he deserves to do better than that. >> i don't really believe he -- you really believe obama did well is this. >> yeah, i do. >> let's move on. >> moving on. you probably wondering what's eric bolling's favorite moment was? that is coming up in the next block. we'll have mor
he said he wants to lower tax rates? how is that not lowering tabs for the rich. >> then you can't also then say he's going to on the loophole piece, you can't say he's not going to do the loopholes. i know you want to know the details. >> but i'm just saying, it might be cute about the son, burr the substance just isn't there. >> you're not willing to give him any credit. >> oh, yeah. >> the guy came very well prepared. he had specifics. >> he did? >>...
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Oct 1, 2012
10/12
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now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. . >>> a campaign with a powerful message to fight breast cancer. 30 people took part in the immediate impact breast cancer walk. the idea began as a response to the controversy over the komen race for the cure. they decided to fund raise for local groups. they raised $93,000. >>> more than 30 million americans suffer from migraine headaches and a third of them standard treatment doesn't help and now one doctor is offering a new report. how his patients swear by it. >> reporter: she loves to spend time with her kids. on this day reading. >> he was sent to bed without eating anything. >> you wouldn't do that, would you? >> no. >>> for years it was no laughing matter. intinsely, painful chronic headaches -- intensely, pain full chro
now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. . >>> a campaign with a powerful message to fight breast cancer. 30 people took part in the immediate impact breast cancer walk....
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Oct 2, 2012
10/12
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now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ >>> david letterman coming up next. we know the big story tonight. >> there they
now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two...
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Oct 7, 2012
10/12
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in fact, when you do those sorts of tax cuts there are costs to those tax cuts. the big etan drivegest driver r deficit -- >> chris: if i may, sir. you are talking about half of the planet it would be like talking about obama's jobs plans and saying the entire aro teachers. it is not obama's plan. similarly you are mischaracterizing the romney plan. saying you're right there is $5 trillion lowering the tax rates but he talks about cutting loopholes. but that is part of the plan. >> but he won't say, chris, which loopholes and which deductions. senator, i doubt seriously you would be if favor of doing away or cutting the home mortgage deduction for middle class americans. governor romney has not said what the plan is for paying for the $5 trillion in tax cuts just like he won't talk about what his tax returns have been or -- >> with all due reis spect, governor, first of all, governor romney made is clear in the debate and he was actually able to speak directly to the american people that he is not going to lower the burdening on up youer income individuals. we kn
in fact, when you do those sorts of tax cuts there are costs to those tax cuts. the big etan drivegest driver r deficit -- >> chris: if i may, sir. you are talking about half of the planet it would be like talking about obama's jobs plans and saying the entire aro teachers. it is not obama's plan. similarly you are mischaracterizing the romney plan. saying you're right there is $5 trillion lowering the tax rates but he talks about cutting loopholes. but that is part of the plan. >>...
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Oct 5, 2012
10/12
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KRON
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romney has been running around the country for the past year and stating that he was saved $5 million in taxes. i stated that he did not know anything about that. >> i know this is going to be a worse sauce battle. we need to when colorado and that way we can take back the white house. >> next week by vice president joe biden will take the stage. kron4 will be airing it on our comcast's 193 channel or on kron 4 .com. >> cooler weather will continue into the weekend. temperatures will be even cooler in the '60s and '70s. you head into sunday's it will be more clout cover. cloudn the 2:00 hour we will see the fall all way back to the coastline. 77 in los gatos and 14 golden valley it will be 72 degrees. it will be 60s in east oakland along the coastline it will be quite cooler and the fog is expected to linger throughout the day. 69 down and redwood city and 69 in santa rosa. a look at your fleet week forecast the blue angels will take to the co skies and on friday, saturday and sunday. one sunday that will mean more cloud cover. on monday we will have a chance of showers as you move to the rest
romney has been running around the country for the past year and stating that he was saved $5 million in taxes. i stated that he did not know anything about that. >> i know this is going to be a worse sauce battle. we need to when colorado and that way we can take back the white house. >> next week by vice president joe biden will take the stage. kron4 will be airing it on our comcast's 193 channel or on kron 4 .com. >> cooler weather will continue into the weekend....
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Oct 2, 2012
10/12
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WTTG
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$2,000, while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> makinghood lines in sports, the bears on the road to face the cowboys on monday night football. tough game for tony romo. the cowboys quarterback got intercepted five times. two of them were returned for bears touchdowns. his counterpart, jay cutler kept the mistakes to a minimum throwing for 275 yards and two touchdowns. chicago went on to win. >>> the os lost to the rays 5-3 last night. the team has clinched at least a wild card spot and have two games left in the season. >>> it is official. the host of the next academy awards will be the creator of the hit fox television show, family guy. oscar producer as announced yesterday that seth mcfarland will be hosting the big event. nominations will be announced on january 10th and the big show is february 4th. i heard him say yesterday that someone even asked him aquestion
$2,000, while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> makinghood lines in sports, the bears on the road to face the cowboys on monday night football. tough game for tony romo. the cowboys quarterback got intercepted five times. two of them were returned for bears touchdowns. his counterpart, jay cutler kept...
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Oct 7, 2012
10/12
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KPIX
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eye 206
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now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number.
now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number.
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Sep 30, 2012
09/12
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KPIX
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now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. in the people, businesses, and organizations that call the bay area home. whether it's helping a nonprofit provide safe, affordable housing within the city, supporting an organization that's helping kids find jobs and stay in school, or financing the expansion of a local company that's creating healthier workplaces, what's important to the people of the bay area is important to us. and we're proud to work with all those >>> people of lost a loved one to accident or illness say changes their lives forever tonight the personal story of a bay area psychiatrist who face the death of his teenage son dr. kim mulvihill of that loss convinced him his profession has got one thing all wrong. >>> graveyards full of grief and loss, but here
now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. in the people, businesses, and organizations that call the bay area home. whether it's helping a nonprofit provide safe, affordable...
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Oct 4, 2012
10/12
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KTVU
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it does not mention the tax increases. the ad features john chung and state educators. >>> pailo alto physicist has given another $9 million to defeat prop 30. munger is the brother of democratic activist molly munger, the primary advocate behind prop 38. >>> lots of fog out there right now. we've talked about that. we had the major cooling today. but there's more cooling tomorrow. in some places, it will be 5 and 10 degrees. the fog is having a huge hit up here in the north bay. we're seeing a low like this shooting across the north bay into the napa area, then fog shooting across heres a well. the fog will be in many bay communities. that fog is the main mechanism for cooling. these are the temperatures we had today. which cooled believe it or not, 93 in fairfield, 95 in antioch. yesterday, we had temperatures in the low 100s in many places. air quality gets a little better, and you perhaps sleep a little better in the evening hours. we've got some fog in there now. you'll notice the cooler overnight lows. the weekend, s
it does not mention the tax increases. the ad features john chung and state educators. >>> pailo alto physicist has given another $9 million to defeat prop 30. munger is the brother of democratic activist molly munger, the primary advocate behind prop 38. >>> lots of fog out there right now. we've talked about that. we had the major cooling today. but there's more cooling tomorrow. in some places, it will be 5 and 10 degrees. the fog is having a huge hit up here in the north...
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Oct 4, 2012
10/12
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KICU
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it does not mention the tax increases. the ad features john chung and state educators. >>> pailo alto physicist has given another $9 million to defeat prop 30. munger is the brother of democratic activist molly munger, the primary advocate behind prop 38. >>> lots of fog out there right now. we've talked about that. we had the major cooling today. but there's more cooling tomorrow. in some places, it will be 5 and 10 degrees. the fog is having a huge hit up here in the north bay. we're seeing a low like this shooting across the north bay into the napa area, then fog shooting across heres a well. the fog will be in many bay communities. that fog is the main mechanism for cooling. these are the temperatures we had today. which cooled believe it or not, 93 in fairfield, 95 in antioch. yesterday, we had temperatures in the low 100s in many places. air quality gets a little better, and you perhaps sleep a little better in the evening hours. we've got some fog in there now. you'll notice the cooler overnight lows. the weekend, s
it does not mention the tax increases. the ad features john chung and state educators. >>> pailo alto physicist has given another $9 million to defeat prop 30. munger is the brother of democratic activist molly munger, the primary advocate behind prop 38. >>> lots of fog out there right now. we've talked about that. we had the major cooling today. but there's more cooling tomorrow. in some places, it will be 5 and 10 degrees. the fog is having a huge hit up here in the north...
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Oct 6, 2012
10/12
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CNNW
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he was right in saying 47% don't pay income taxes. you talk about lifting those people up so they can make it in america. that's what they want. they want to become taxpayers, and that's where he was totally wrong and tonal deaf. that's why i said that night, they're not victims. >> but his response right now is saying he was completely wrong, which is different than what he said earlier, saying he stated it ineloquently. >> i think what he was saying is he was completely wrong in speaking pejoratively of the 47%, and he was wrong to do that. he is wrong about the basic economics of our country. but we have gotten to a point where the country is paying no income taxes and taking advantage of the role of government. does that mean too high, too low? that's a good argument to get into. >> i'm utterly confused right now. >> you're only confused because he's trying to explain the comment from mitt romney, and now ari is trying to explain the new comment from mitt romney where he was very clear in saying he was wrong. ari, there is no need
he was right in saying 47% don't pay income taxes. you talk about lifting those people up so they can make it in america. that's what they want. they want to become taxpayers, and that's where he was totally wrong and tonal deaf. that's why i said that night, they're not victims. >> but his response right now is saying he was completely wrong, which is different than what he said earlier, saying he stated it ineloquently. >> i think what he was saying is he was completely wrong in...
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Oct 4, 2012
10/12
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on top of the extension to the bush tax cuts. >> i don't have a $5 trillion tax cut. i don't have a tax cut. of a scale that you're talking about. i will not reduce the share paid by high income individuals. i know that you and your running mate keep saying that and i know it's a popular thing to say with a lot of people burks it's just not the case. look, i got five boys, i'm used to people saying something that's not always true. >> health care, romney was on offense, touting what he passed in massachusetts as an example of a bipartisan compromise and a model for the whole country at the state level. >> we've seen this model work really well. in massachusetts because governor romney did a good thing, working with democrats in the state to set up what is essentially the identical model. >> i like the way we did it in massachusetts. entirely on a partisan basis instead of bringing america together and having a discussion at this important topic, you pushed through something that you and nancy pelosi and harry reid thought something was the best answer and drove it thr
on top of the extension to the bush tax cuts. >> i don't have a $5 trillion tax cut. i don't have a tax cut. of a scale that you're talking about. i will not reduce the share paid by high income individuals. i know that you and your running mate keep saying that and i know it's a popular thing to say with a lot of people burks it's just not the case. look, i got five boys, i'm used to people saying something that's not always true. >> health care, romney was on offense, touting what...
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a tax cut that ads to the deficit. that is part one. there is no economist that can say mitt romney tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. >> if you are lowering the rates the way you describe, governor, it is not possible to come up with enough deductions and loopholes that only affect high overincome individuals to avoid either raising the deficit or burdening the middle class. it is math. >>trace: which candidate had the upper hand and how much was accurate? with me is the associate editor of the financial weekly owned by the parent of this company. michael, romney says if you lower the tax rates what happens is, businesses have more money. businesses have more money they can hire more people and, guess what, everyone starts paying taxes and that is how you close the deficit. true? >>guest: it is true that is what he is saying. it is true that is the way a model would have it play out. the question and what assumptions go in that assertion by lowering rate and obviously on
a tax cut that ads to the deficit. that is part one. there is no economist that can say mitt romney tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. >> if you are lowering the rates the way you describe, governor, it is not possible to come up with enough deductions and loopholes that only affect high overincome individuals to avoid either raising the deficit or burdening the middle class. it is math. >>trace: which candidate had the upper hand and...